Welcome to our dedicated page for Relx Plc news (Ticker: RELX), a resource for investors and traders seeking the latest updates and insights on Relx Plc stock.
News and announcements related to RELX PLC (RELX) highlight the activities of its businesses in information-based analytics, decision tools and events. RELX is described as a global provider of information-based analytics and decision tools for professional and business customers, serving customers in more than 180 countries with offices in about 40 countries. Its shares are traded on the London, Amsterdam and New York stock exchanges.
A significant portion of recent news involves LexisNexis Risk Solutions, a RELX business. These updates cover topics such as fraud and identity management awards, insurance market research, home insurance trends, property claims analytics, medical data solutions for life insurance underwriting, and studies on fraud in public benefit programs. Such news offers insight into how data and analytics are being applied to risk management, insurance, government programs and other sectors.
Other RELX-related news items feature Brightmine, a global HR and data insights provider that is part of LexisNexis Risk Solutions, and RX, the events and exhibitions organizer within RELX. Brightmine releases research on workplace dynamics and HR policy challenges, while RX announces large-scale trade shows and exhibitions across multiple industries and geographies.
Investors and observers who follow RELX news can use this page to review updates on analytics products, research reports, industry studies, event announcements and corporate developments reported by RELX businesses. Regularly reviewing these items can help readers understand how RELX-related companies are applying data, analytics and technology in their respective markets.
LexisNexis Risk Solutions published its 2020 State of Fraud report, outlining significant trends in fraud due to the COVID-19 pandemic. The report indicates a 42% year-over-year increase in digital transactions in the U.S. and Canada, with mobile transactions constituting 60%. The rise in fraud methods includes synthetic identities and identity fraud rings, complicating identity verification. Notably, 45% of U.S. consumers have experienced data breaches, fueling fraudulent activities. Organizations are advised to adopt comprehensive strategies to combat these evolving threats as fraud attempts are expected to persist in 2021.
LexisNexis Risk Solutions has launched LexisNexis Rooftop, a cutting-edge risk assessment tool for home insurance carriers that incorporates aerial imagery, weather data, and claims history. This innovative tool allows insurers to enhance underwriting decisions by providing detailed roof insights at the time of quoting and renewing policies. The Home Trends Report indicates that wind and hail claims comprise nearly half of home insurance losses, prompting the need for improved evaluation methods. Rooftop helps insurers manage roof damage risk more effectively while streamlining the customer experience.
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LexisNexis Risk Solutions has partnered with Epic to enhance identity verification for healthcare providers using the MyChart patient portal. This integration aims to simplify online access for patients scheduling COVID-19 vaccinations while ensuring secure identity validation. The collaboration introduces the Instant Verify and InstantID Q&A solutions, facilitating rapid patient onboarding. As vaccination efforts accelerate, LexisNexis emphasizes the importance of balancing patient convenience with data security, supported by their extensive data linking capabilities.
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LexisNexis Risk Solutions has been awarded the Financial Crime - Data category in the Chartis Research RiskTech100 for the third consecutive year, underscoring its leadership in the risk technology sector. The company was also ranked 17th overall in the RiskTech100, a comprehensive analysis of key risk technology providers. LexisNexis continues to innovate in financial crime compliance data, addressing evolving regulatory demands. This recognition highlights its commitment to providing advanced analytics and global identity intelligence, essential for businesses managing financial crime risks.
The Cirium Airline Insights Review 2020 reports significant improvements in the on-time performance of global airlines, with over 180 of 300 airlines achieving a 90% on-time arrival rate since February 2020.
In 2020, airlines flew 49% fewer flights due to the pandemic, resulting in a 67% decline in overall global passenger traffic. The top 10 busiest airports saw a shift, with US airports dominating despite reductions in flights, while several Chinese airports entered the top rankings.
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LexisNexis® Risk Solutions released its Q3 Insurance Demand Meter, indicating that U.S. auto insurance shopping volumes increased overall, despite a slowdown in August. The report attributes this dip to the expiration of CARES Act benefits and extreme weather events, including hurricanes and wildfires. Insured shopping grew by nearly 10%, while uninsured shopping decreased by 10% from mid-August through September. New business growth reached 5.7%, nearly doubling previous rates. The report suggests future market recovery tied to economic improvements and reduced unemployment.